pick a company that is Publicly Traded on a Stock Exchange. The best way to answer questions is to down load the 10 - K and to use the Find button and search key terms to locate the information that you are trying to answer. Many time you can get to the Annual Report from Yahoo Finance. Another way is to go to the company website and to find a Investor Relations section and they will have the 10-K their. Please don't use the 10-Q report because that is for a Quarter of the year or 3 months worth of data. You may have to page down a few times find the 10-K form.
PRINCIPLES OF ACCOUNTING ANNUAL REPORT INFORMATION 1. Name of Company 2. Type of Company (Merchandising, Financial Manufacturing Service, etc.) 3. Major Type of Product or Service Year Covered By Report 4. 5. Indicate Specific Title of Financial Statements within the Annual Report: Balance Sheet Total Assets: Total Liabilities: Total Stockholders Equity: Income Statement Statement of Owner's Equity Statement of Cash Flows 6. What is the net income? 7. What did you learn about the company by reading the notes (footnotes)? Give two examples. 8. What type of audit opinion was expressed? Do the auditors have any concerns? 9. What is the company's net income (loss) for the last 5 years? Was this information given in the report? 10. Refer to management's discussion and analysis. List 5 topics that were discussed. Does Management have any concerns? 11. List the foreign countries that the company operates in. List the number of plants/stores and number of states where the company operates in. 12. List 2 directors, their title and employer. They should not be employees of the company. 13. Is the Chairman of the Board also the chief executive officer? What is his/her name? 14. Where is the company's stock traded? What is the company's symbol? What were the high and low selling prices for the most recent year? 15. Does the letter to stockholders emphasize the positives about the current year or emphasize future prospects? PRINCIPLES OF ACCOUNTING ANNUAL REPORT INFORMATION 1. Name of Company 2. Type of Company (Merchandising, Financial Manufacturing Service, etc.) 3. Major Type of Product or Service Year Covered By Report 4. 5. Indicate Specific Title of Financial Statements within the Annual Report: Balance Sheet Total Assets: Total Liabilities: Total Stockholders Equity: Income Statement Statement of Owner's Equity Statement of Cash Flows 6. What is the net income? 7. What did you learn about the company by reading the notes (footnotes)? Give two examples. 8. What type of audit opinion was expressed? Do the auditors have any concerns? 9. What is the company's net income (loss) for the last 5 years? Was this information given in the report? 10. Refer to management's discussion and analysis. List 5 topics that were discussed. Does Management have any concerns? 11. List the foreign countries that the company operates in. List the number of plants/stores and number of states where the company operates in. 12. List 2 directors, their title and employer. They should not be employees of the company. 13. Is the Chairman of the Board also the chief executive officer? What is his/her name? 14. Where is the company's stock traded? What is the company's symbol? What were the high and low selling prices for the most recent year? 15. Does the letter to stockholders emphasize the positives about the current year or emphasize future prospects
